UnitedHealth Sells Stake in Florida WellMed Clinics to TPG
UnitedHealth sold an ownership interest in some Florida WellMed clinics to private equity firm TPG. The clinics will remain part of Optum’s network as UnitedHealth pursues a strategic review and plans to invest in Florida, including in value-based care. Executives also discussed UnitedHealth’s $3.3 billion merger with Amedisys after previously disappointing profits tied to Optum Health.